GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » National Tax Credit Partners LP (OTCPK:NTXCZ) » Definitions » Total Current Liabilities

National Tax Credit Partners LP (National Tax Credit Partners LP) Total Current Liabilities : $1.27 Mil (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is National Tax Credit Partners LP Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. National Tax Credit Partners LP's total current liabilities for the quarter that ended in Dec. 2012 was $1.27

National Tax Credit Partners LP Total Current Liabilities Historical Data

The historical data trend for National Tax Credit Partners LP's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Tax Credit Partners LP Total Current Liabilities Chart

National Tax Credit Partners LP Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Liabilities
Get a 7-Day Free Trial 0.85 1.16 1.30 1.18 1.27

National Tax Credit Partners LP Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Liabilities Get a 7-Day Free Trial 0.85 1.16 1.30 1.18 1.27

National Tax Credit Partners LP Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

National Tax Credit Partners LP's Total Current Liabilities for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.269+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.27

National Tax Credit Partners LP's Total Current Liabilities for the quarter that ended in Dec. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.269+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

National Tax Credit Partners LP Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of National Tax Credit Partners LP's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » National Tax Credit Partners LP (OTCPK:NTXCZ) » Definitions » Total Current Liabilities
Comparable Companies
BOM:519174 BOM:538539 BOM:526887 BOM:530765 BOM:539486 BOM:511700 BOM:530669 BOM:531452 BOM:511451 BOM:538464 BOM:531252 BOM:531878 BOM:512481 BOM:539384 BOM:538540 BOM:530469 BOM:535658 BOM:534757 BOM:511611 BOM:539131
Traded in Other Exchanges
N/A
Address
Website
National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

No Headlines